U.S. Oil Drillers Add One Rig as Winter Weather Sets In
Market Intelligence Analysis
AI-PoweredUS oil drillers added 1 rig, bringing the total to 544, with oil rigs at 411 and gas rigs at 122, down from last year's numbers.
Market impact analysis based on neutral sentiment with 80% confidence.
Article Context
The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 544 this week, down 32 from this same time last year. The number of active oil rigs rose by 1 for the second week in a row during the latest reporting period, according to the data. Oil rigs are now at 411, which is 61 below this same time last year. The number of gas rigs stayed the same at 122, which is 23 more than this time last year. The…
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